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Mantle Releases MIP-35 Proposal, Drafts Core Budget for Fourth Budget Cycle

The Mantle core contributors team has published the MIP-35 proposal on the Mantle Forum, which is currently in the discussion phase. The proposal outlines the core budget for the fourth budget cycle from July 2026 to June 2027, with an overall cap of 40 million USDx and 150 million MNT. This budget covers expenditures for personnel, administrative and general management costs, marketing and distribution, ecosystem projects, and infrastructure and security.

Paxos USDG Launches on Mantle Network, Enabling One-Click USDT Conversion

Paxos's Global Dollar Network asset USDG has officially launched on the Mantle Layer 2 network. This partnership introduces a direct conversion feature from USDT to USDG to enhance the liquidity of on-chain dollars.

Mantle Super Portal Has Migrated to Chainlink CCIP, Bringing Institutional-Grade Security to MNT Cross-Chain Transfers

According to official information, Mantle announced today that its native cross-chain infrastructure Mantle Super Portal, jointly developed with Bybit, has migrated from LayerZero to Chainlink CCIP. Powered by CCIP, Mantle Super Portal will feature enhanced cross-chain security, decentralized node infrastructure protection, advanced risk management, and institutional-grade security standards, providing a higher level of security for cross-chain transfers of MNT tokens valued at over $2.5 billion. Furthermore, as an increasing number of regulated assets such as tokenized stocks are transferred on-chain, the underlying infrastructure supporting them must also meet traditional finance standards. This migration will further solidify Mantle's position as a "distribution layer connecting traditional finance and on-chain liquidity," and also reflects Mantle and Bybit's continued commitment to developing MNT through further integrations, opportunities, and use cases. According to the details provided, Mantle Super Portal will be temporarily closed during the migration, scheduled from July 9 to 15, 2026 (the actual timeframe may be slightly extended). No action is required from users, and transfers will automatically resume upon completion of the migration.